Trading in the forex market can be a challenging endeavor. One needs to understand the market trends, currency pairs, and trading strategies. But with the right software, the task becomes manageable. This article reviews the Ord Mantell Forex software, a system that has shown impressive results in trading the EUR/JPY H1 pair.

Software Specifications

The Ord Mantell Forex software is designed to work optimally with the EUR/JPY H1 currency pair. However, it can be adjusted to work with other currency pairs. The system utilizes four key indicators to make informed trading decisions. These include the ATR MA Oscillator, Entry Time, Top Bottom Price, and Previous High Low indicators. The default lot size for the software is set at 5%.

Performance Statistics

The software has been put through rigorous testing since 2017. Starting with a balance of $500, it has managed to generate a net profit of $2,372,808. This translates to a profitability rate of 4.07. The software has a success rate of 84%, with a drawdown of 7%. These figures are indicative of the software’s robust performance over the years.

Optimal Trading Conditions

For optimal performance, it is recommended to use an account with a fixed and low spread. This allows the software to capitalize on the smallest market movements, thereby increasing profitability. However, as with all trading systems, it is essential to monitor market conditions constantly and adjust the software settings as necessary.

Independent Testing

For those interested in seeing the software in action, independent testing is available on the forexroboteasy.com website. Here, users can observe real-time trading results and performance metrics of the Ord Mantell Forex software. Subscription options for updates on the software’s testing results are also provided.

Frequently Asked Questions

What currency pairs does the Ord Mantell Forex software support?

While the software is optimized for the EUR/JPY H1 currency pair, it can be adjusted to work with other currency pairs. The specific settings for different currency pairs are available in the software’s discussions.

What indicators does the software use?

The software uses four key indicators: ATR MA Oscillator, Entry Time, Top Bottom Price, and Previous High Low. These indicators help the software analyze market trends and make informed trading decisions.

What was the initial balance for the software’s test results?

The initial balance when testing the software was $500. From this amount, the software managed to generate a net profit of $2,372,808 since 2017.

Where can I watch independent testing of the software?

Independent testing of the Ord Mantell Forex software can be viewed on the forexroboteasy.com website. Updates on the software’s testing results can also be subscribed to from this site.

Can I share my experience using the software?

Yes, users are encouraged to share their experiences using the software. This helps provide a comprehensive assessment of the software’s performance from various perspectives.

Conclusively, this article presents an independent review of the Ord Mantell Forex software. It does not endorse or promote the product but provides an objective analysis based on available data and user experiences. Trading in the forex market carries risk, and it is recommended that traders do their research before using any software.